2012 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:19-113 Exemption from compulsory associations.
Note
Part I designation added by L 2008, c 190, §2.
§431:19-113 Exemption from compulsory associations. No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this State, except as provided under chapter 386, nor shall any captive insurance company, its insured, or its parent or any affiliated entity, or any member organization of its association, receive any benefit from any plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company. [L 1987, c 347, pt of §2; am L 1991, c 79, §2; am L 2012, c 253, §18]
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